Associated tags: Ethanol, Sugar, Lignin, Biofuel, Aviation, CTS, BEACH, OTCQB, PALM, Carbon, Renewable energy, Cellulose
Locations: PALM BEACH GARDENS, FL, US, JAPAN, CANADA, UNITED STATES, EU
Blue Biofuels is based in Florida and has the goal to produce biofuels through its patented Cellulose-to-Sugar (CTS) technology and its licensed Vertimass technology. CTS is a sustainable, and renewable green energy system with the potential to achieve a near-zero carbon footprint. The CTS process can convert virtually any plant material – grasses, forestry products, and agricultural waste such as sugarcane bagasse and wheat straw -- into sugars and lignin. Sugars are subsequently processed into biofuels, such as ethanol and sustainable aviation fuel, and lignin may be further processed into a variety of products. The CTS process is a patented and proprietary technology wholly owned by Blue Biofuels.
Key Points:
- PALM BEACH GARDENS, FL, May 21, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF).
- Blue Biofuels, Inc., (“the Company”) is pleased to announce that it has received a Notice of Allowance in Canada for the primary patent on its CTS process, #3,121,695 “System to Convert Cellulosic Materials into Sugar and Method of Using the Same.” The Company previously received the primary patent in the United States, Japan, and El Salvador, and we anticipate receiving it in the EU and the rest of the world soon.
- As reported in the 8-K that the Company filed on May 17, the Company was required to change auditors as the prior auditor was suspended from practicing before the SEC.
- Blue Biofuels engaged Assure CPA, LLC as its new independent PCAOB-certified audit firm.
Sale,
Lignin,
OTCQB,
BEACH,
PALM,
Engineering,
CTS,
SAF,
Ethanol,
Recycling,
Renewable energy In a recent development, Blue Biofuels Inc. (“BIOF”) proudly announces the commencement of an FEL 1 & 2 engineering study for a 2.4-million-gallon cellulosic ethanol facility.
Key Points:
- In a recent development, Blue Biofuels Inc. (“BIOF”) proudly announces the commencement of an FEL 1 & 2 engineering study for a 2.4-million-gallon cellulosic ethanol facility.
- This endeavor is grounded in the company's innovative Cellulose-to-Sugar (CTS) system, which has undergone and is undergoing continuous refinement and optimization for the efficient conversion of cellulosic biomass into ethanol.
- Even at this initial volume, it demonstrates the viability of the CTS process in yielding positive margins for cellulosic ethanol production.
- Blue Biofuels is now poised to scale up its engineering design for larger facilities, leveraging the inherent advantages of scale to enhance profitability.
About Blue Biofuels, Inc.Blue Biofuels is based in Florida and has the goal to produce biofuels through its developed Cellulose-to-Sugar (CTS) technology. CTS is a sustainable, and renewable green energy system with the potential to achieve a near-zero carbon footprint. The CTS process can convert virtually any plant material – grasses, forestry products, and agricultural waste such as sugarcane bagasse and wheat straw -- into sugars and lignin. Sugars are subsequently processed into biofuels, such as ethanol and sustainable aviation fuel, and lignin may be further processed into a variety of products. The CTS process is a patented and proprietary technology wholly owned by Blue Biofuels.
Key Points:
- PALM BEACH GARDENS, FL, March 26, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF).
- Blue Biofuels Inc. ("BIOF") continues to make substantial strides in advancing its Cellulose-to-Sugar (CTS) technology towards commercial scale.
- The company has achieved a significant milestone by successfully producing its first batch of cellulosic ethanol, utilizing the cellulosic sugars created from biomass on its CTS pilot line.
- BIOF is evaluating prospective locations in Florida capable of accommodating both SAF and cellulosic ethanol production facilities.
Retrieved on:
Tuesday, January 23, 2024
Blue Biofuels Inc. and Vertimass, LLC , have created a partnership to employ Vertimass’ proprietary Consolidated Alcohol Deoxygenation and Oligomerization (CADO) technology to produce sustainable aviation fuel (SAF) and renewable propane and butane (rLPG) as co-products from ethanol.
Key Points:
- Blue Biofuels Inc. and Vertimass, LLC , have created a partnership to employ Vertimass’ proprietary Consolidated Alcohol Deoxygenation and Oligomerization (CADO) technology to produce sustainable aviation fuel (SAF) and renewable propane and butane (rLPG) as co-products from ethanol.
- This new company, VertiBlue Fuels LLC, is equally owned by Blue Biofuels Inc. and Vertimass.
- Upon completion, the Partnership will expand SAF production to approximately 70 million gallons and rLPG to 14 million gallons, annually.
- Blue Biofuels’ CEO, Ben Slager, states, “I am very enthusiastic about this partnership with Vertimass.
Carbon,
PALM,
CFPC,
Energy Policy Act,
Cellulose,
Tonne,
Ethanol,
SAF,
Sugar,
RIN,
Aviation,
OTCQB,
Energy Policy Act of 2005,
Environmental policy of the Joe Biden administration,
LCFS,
Consultant,
Government,
EPA,
Inflation,
BEACH,
Biofuel,
Aviation biofuel,
Inflation Reduction Act of 2022,
Transport,
Renewable energy Blue Biofuels (the “Company”) would like to update its shareholders on the recently passed Inflation Reduction Act and its impact on the Company.
Key Points:
- Blue Biofuels (the “Company”) would like to update its shareholders on the recently passed Inflation Reduction Act and its impact on the Company.
- The Inflation Reduction Act passed on August 16, 2022, and clarified this year by the Biden Administration, provides additional fuel credits.
- Section 45Z of the Inflation Reduction Act offers a Clean Fuel Production Credits (CFPC) per gallon of transportation fuel produced.
- Blue Biofuels offers a unique path to making SAF that belongs only to Blue Biofuels.
PALM,
SBIR,
OTCQB,
Research,
Carbon,
DOE,
Ministry of Energy,
Primary energy,
CTS,
Trust,
Climate change,
BEACH,
Biofuel,
Small Business Innovation Research,
Transport,
Renewable energy Blue Biofuels (the “Company”) announces today the receipt of a prestigious Department of Energy (DOE) Small Business Innovation Research (SBIR) Phase 1 grant.
Key Points:
- Blue Biofuels (the “Company”) announces today the receipt of a prestigious Department of Energy (DOE) Small Business Innovation Research (SBIR) Phase 1 grant.
- The grant, valued at $206,500, will further propel Blue Biofuels' mission to revolutionize the biofuels sector and create sustainable transportation and aviation fuel.
- The DOE SBIR Phase 1 grant will enable Blue Biofuels to advance its efforts to scale and optimize its patented cellulose-to-sugar (CTS) process.
- Blue Biofuels remains steadfast in its commitment to advancing the biofuels industry and ushering in a cleaner and greener energy landscape.
Blue Biofuels announces that it has signed a Memorandum of Understanding with World Energy Sustainable Products, LLC (World Energy) that World Energy will purchase the finished products produced by Blue Biofuels and all their applicable environmental and tax attributes, including ethanol and sustainable aviation fuel.
Key Points:
- Blue Biofuels announces that it has signed a Memorandum of Understanding with World Energy Sustainable Products, LLC (World Energy) that World Energy will purchase the finished products produced by Blue Biofuels and all their applicable environmental and tax attributes, including ethanol and sustainable aviation fuel.
- A final definitive agreement is expected to be reached before Blue Biofuels completes the buildout of its semi-commercial facility.
- “I feel very pleased with the trust from and cooperation with World Energy Sustainable Products, they have the sales volume to absorb our products and bring them to the market, and they are very interested to further develop the markets for sustainable fuels.
- “We’re happy to support Blue Biofuels’ efforts to bring new innovations to the marketplace,” said Michael Laznik, President of World Energy Sustainable Products.
PALM,
Sugar,
Aviation,
Carbon,
Cellulose,
CTS,
OTCQB,
Acquisition,
BEACH,
Ethanol,
Renewable energy This acquisition brings the total amount of land up to 182 acres.
Key Points:
- This acquisition brings the total amount of land up to 182 acres.
- This land increase is a necessary step to provide sufficient feedstock for the next step up in capacity after the recent success of the pilot line.
- The land should provide sufficient feedstock to create around 500,000 gallons of ethanol per year.
- In commercial production, Blue Biofuels expects to reduce carbon emissions by over 80% as compared to fossil fuels.
PALM BEACH GARDENS, FL, April 04, 2023 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF) announced today the achievement of full conversion of cellulose into soluble sugars from our king grass feedstock with our newly designed larger pilot reactor.
Key Points:
- PALM BEACH GARDENS, FL, April 04, 2023 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF) announced today the achievement of full conversion of cellulose into soluble sugars from our king grass feedstock with our newly designed larger pilot reactor.
- We were able to process our king grass at a rate that is 100 times greater than that of the prototype system.
- This represents a significant milestone for Blue Biofuels’ proprietary Cellulose-to-Sugar (CTS) technology as our new reactor design can be directly scaled to commercial sizes.
- We will also be looking into expanding available feedstock to serve the larger scale system we anticipate in the near future.